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Ethics in Neogotiations (Telephone)

Looking for Data Evidence in New Tech Places (Webinar)

Ethics and Social Media: Current Developments (Telephone)

The 2017 Ethy Awards (Webinar)

The Ethics of Creating Attorney-Client Relationships in the Electronic Age (Telephone)

Adding a New Member to an LLC (Telephone)
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This will cover how businesses can keep employees from leaving with company secrets and know-how and competing with their ex-employer. The program will cover protecting customer lists and pricing schedules, trade secrets and "know-how" about a company's services and goods.

When: Monday, December 5, 2016
12:00 PM - 1:00 PM CT

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MCLE Accreditation
Nebraska Activity #131934, 1.0 hour CLE

Admitting a new member to an LLC or a partner to a partnership is a complex matter. Substantial voting, financial and tax consequences depend on whether the LLC or partnership is issuing a new interesting to the incoming member or the incoming member acquired his or her interest by buying it from an existing member. A lot also depends on what type of asset – capital, property, or services – the incoming member contributes to the entity and what type of interest – a capital interest with liquidation rights or a profits interest – the incoming member receives. There are also substantial issues of whether the incoming member acquires only economic rights or voting and other rights, too. This program will provide you with a practical guide to the practical process and consequences of admitting a new member or partnership or an LLC or partnership.

  • Admission of new members/partners by issuing a new interests v. sale of interest by existing member/partner to a buyer
  • Understanding the differences between succeeding to economic rights v. voting and other rights
  • Tax consequences of each type of admission on the entity, the new member and the departing member
  • Contributions of capital v. services by the new member to the entity
  • Receipt by the new member of capital v. profits interests
  • Operating v. investment assets: What type of assets does the entity have?

Allen Sparkman is a partner in the Houston and Denver offices of Sparkman Foote, LLP. He has practiced law for over forty years in the areas of estate, tax, business, insurance, asset protection, and charitable giving. He has written and lectured extensively on choice-of-entity, charitable giving and estate planning topics. He is the Colorado reporter for the books "State Limited Partnership Laws" and "State Limited Liability Company Laws," both published by Aspen Law & Business. He has also served as president of the Rocky Mountain Estate Planning Council. Mr. Sparkman received his A.B. with honors from Princeton University and his J.D. with high honors from the University of Texas School of Law.

To Register:
Cost $89.00

  • lick on above link
  • Click “Login to add to cart” button at the bottom of the program page
  • This will take you to the log in page, FIRST time users will need to create a user name and password that is separate and distinct from any information you may have used for the Nebraska State Bar website
  • Please be sure to use the attorney name and contact information of the person who is to receive the CLE credit
  • Once completed click “Update & Proceed to Payment”
  • The final step is to click “Submit Payment”
  • At this point you will receive an email confirmation of the purchase
  • The day before the Program you will receive the dial in information and program materials
  • We will submit the program participation information to the Nebraska State Bar Association within 48 hours of the program completion

If you need additional information on your CLE credits please contact:
Sara Weber, Nebraska State Bar Association
(402) 475-7091 ext # 131;

Nebraska State Bar Association, 635 S. 14th St., Suite 200, Lincoln, NE 68508
(402) 475-7091; Toll Free (800) 927-0117; FAX (402) 475-7098